Redhawk Wealth Advisors Inc. lessened its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 84.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,862 shares of the exchange traded fund’s stock after selling 43,875 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in VanEck Gold Miners ETF were worth $593,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. Axiom Investment Management LLC acquired a new position in shares of VanEck Gold Miners ETF during the 1st quarter worth about $934,000. Rit Capital Partners PLC raised its position in shares of VanEck Gold Miners ETF by 74.7% during the 4th quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock worth $102,679,000 after acquiring an additional 512,000 shares in the last quarter. Sequent Planning LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth about $491,000. Primoris Wealth Advisors LLC lifted its stake in VanEck Gold Miners ETF by 405.6% during the fourth quarter. Primoris Wealth Advisors LLC now owns 27,300 shares of the exchange traded fund’s stock worth $2,342,000 after purchasing an additional 21,900 shares during the last quarter. Finally, Key Capital Management INC acquired a new position in VanEck Gold Miners ETF in the fourth quarter valued at approximately $492,000.
VanEck Gold Miners ETF Stock Down 0.4%
Shares of VanEck Gold Miners ETF stock opened at $90.12 on Wednesday. VanEck Gold Miners ETF has a 52 week low of $56.59 and a 52 week high of $117.18. The firm’s 50 day moving average is $78.24 and its two-hundred day moving average is $89.91. The firm has a market capitalization of $27.50 billion, a P/E ratio of 21.70 and a beta of 0.65.
VanEck Gold Miners ETF Profile
The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.
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